Funding round
Insightec Series E
Insightec, which works in focused ultrasound system manufacturing in Tirat HaCarmel, raised $150M in a Series E round announced on 31 Jan 2018, led by Koch Disruptive Technologies. 7 firms took part. It is Insightec's fourth venture round on record; the one before was a Series D in Dec 2014.
$150M
Amount raised
Not disclosed
Post-money valuation
7
Investors
1 lead
Valuation
What this round says about the price
Insightec did not disclose a valuation in this round. It came 37 months after Insightec's Series D. It is 26% of the $570M Insightec has raised in the venture rounds on record. Insightec raised again 26 months later: a Series F round of $150M in Mar 2020, at $1.30B post-money.
Insightec's funding rounds
Insightec has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Debt not a venture round 9 Aug 2006 $15M
- Series B 29 Nov 2007, led by GE Equity $30M
- Series C 11 Dec 2012, led by GE Healthcare $31M
- Series D 15 Dec 2014, led by GE Healthcare $59M
- Series E this round 31 Jan 2018, led by Koch Disruptive Technologies $150M
- Series F 6 Mar 2020, led by Koch Disruptive Technologies $150M$1.30B post-money
- Debt not a venture round 1 Sep 2022, led by Perceptive Advisors $200M
- Growth 18 Jun 2024, led by Fidelity Management & Research Company, Nexus Neurotech Ventures and Ally Bridge Group $150M
Investors
Who put money in
Koch Disruptive Technologies led the round with 6 other firms.
Lead investor
- backs 50 venture-backed companies new investor
Also in the round
- Elbit Imaging new investor
- York Capital new investor
- Exigent Capital Group new investor
- GE Healthcare new investor
- GEOC new investor
- Meditech Advisors new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, sales and marketing and scaling operations.
- Product development
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
The closest in time: 1 in Medical Supply Manufacturers, then Series E rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 26 Jun 2018 | $59M | not disclosed | Endeavour Vision |
| Cabify Ridesharing | 23 Jan 2018 | $160M | $1.40B | not named |
| Health Care Services | 23 Jan 2018 | $33M | not disclosed | Bison Capital |
| Mining & Gas Exploration | 22 Jan 2018 | $5.0M | not disclosed | not named |
| Ridesharing | 26 Feb 2018 | $1.50B | $5.00B | GV |
| bbinstant Groceries | 1 Feb 2018 | $300M | $950M | Alibaba Group |
| Restaurants | 7 Dec 2017 | $18M | not disclosed | Miller Investment Management |
| Tech Companies | 16 Nov 2017 | $1.7M | not disclosed | BIP Capital |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Insightec raise in its Series E round?
Insightec raised $150M in its Series E round, announced in Jan 2018.
Who led Insightec's Series E round?
Koch Disruptive Technologies led it, with Elbit Imaging, York Capital, Exigent Capital Group, GE Healthcare and GEOC and 1 more.
What was Insightec's valuation at the Series E round?
It was not disclosed.
Did Insightec raise again after this round?
Yes: a Series F round in Mar 2020 of $150M at $1.30B post-money.